Spread before costs (cost unknown: a leg has no order-book sample)+0.522%
7d average—if it closes, per $10,000$52funding while held, a day+$65.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International S-PERP-INTX | 0.03831 | −0.2080 | get 0.0260% / 1h | 37m 25s | $47K | $10K | 25x |
| Short | Gate S_USDT | 0.03851 | 0.0100 | get 0.0050% / 4h | 2h 37m | $319K | $366K | 50x |
Coinbase International S-PERP-INTX
Gate S_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $52.21
- Funding while held
- $65.4
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $92.61
- Spread needed to break even
- 0.250%
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 65 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2180%
- Per $10,000 a day
- +$65.40
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 65 min ago | 8.93 bp | 191.4 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03831cheapest
Variational Omni0.03844+0.345%Bybit0.03848+0.444%OKX0.03850+0.496%01 Exchange0.03850+0.496%BloFin0.03850+0.496%
Variational Omni
Bybit
OKX
BloFinGate0.03851+0.522%
KuCoin0.03851+0.522%BingX0.03851+0.522%Extended0.03852+0.541%Kraken Futures0.03852+0.545%Reya0.03852+0.561%Binance0.03853+0.574%Aster0.03853+0.585%Orderly0.03854+0.600%MEXC0.03855+0.626%Hyperliquid0.03855+0.629%gTrade (Gains Network)0.03858+0.704%Lighter0.03858+0.705%Bitget0.03858+0.705%Backpack0.03860+0.757%ApeX Omni0.03860+0.757%GMX0.03861+0.794%Deribit0.03862+0.809%
KuCoin
BingX
Extended
Kraken Futures
Reya
Binance
Aster
Orderly
MEXC
Hyperliquid
gTrade (Gains Network)
Lighter
Bitget
Backpack
ApeX Omni
GMX
DeribitInjective0.04100+7.022%
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International S-PERP-INTXlong | 0.000% | −0.2080% | 1h | $47K | $10K | 25x | |
| Variational Omni S | +0.345% | −0.0857% | 4h | $599K | $121K | — | as long as short |
| Bybit SUSDT | +0.444% | +0.0100% | 4h | $5.6M | $9.0M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.496% | +0.0100% | 4h | $973K | $11.8M | 20x | as long as short |
| 01 Exchange SUSD | +0.496% | −0.0088% | 1h | $23K | $3K | 5x | as long as short |
| BloFin S-USDT | +0.496% | +0.0340% | 4h | $278K | $257K | 75x | as long as short |
| Gate S_USDTshort | +0.522% | +0.0100% | 4h | $319K | $366K | 50x | |
| KuCoin SUSDTM | +0.522% | +0.0100% | 4h | $1.8M | $3.7M | 50x | as long as short |
| BingX S-USDT | +0.522% | +0.0100% | 4h | — | $6.9M | — | as long as short |
| Extended S-USD | +0.541% | +0.0104% | 1h | $216K | $946K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | +0.545% | −0.1668% | 1h | $33K | $43K | 10x | as long as short |
| Reya SRUSDPERP | +0.561% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Binance SUSDT | +0.574% | +0.0100% | 4h | $5.3M | $38.5M | 75x | as long as short |
| Aster SUSDT | +0.585% | −0.0112% | 4h | $42K | $258K | 10x | as long as short |
| Orderly PERP_S_USDC | +0.600% | −0.0096% | 4h | $102K | $326K | 10x | as long as short |
| MEXC S_USDT | +0.626% | +0.0100% | 4h | $3.5M | $3.4M | 200x | as long as short |
| Hyperliquid S | +0.629% | +0.0100% | 1h | $994K | $1.4M | 5x | as long as short |
| gTrade (Gains Network) S/USD | +0.704% | L +0.0001% / S +0.0006% | 1h | $595 | — | 150x | as long as short |
| Lighter S | +0.705% | +0.0096% | 1h | $162K | $309K | 5x | as long as short |
| Bitget SUSDT | +0.705% | +0.0100% | 4h | $1.1M | $4.6M | 50x | as long as short |
| Backpack S_USDC_PERP | +0.757% | +0.0100% | 1h | $112K | $229K | 5x | as long as short |
| ApeX Omni SUSDT | +0.757% | +0.0100% | 1h | $20K | $496K | 50x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.794% | L −0.0327% / S +0.0305% | 1h | $1K | — | 100x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.809% | +0.0268% | 1h | $65K | $11K | 10x | as long as short |
| Injective S/USDC PERP | +7.022% | +0.0033% | 1h | $2K | $120K | 12x | as long as short |